Stock Report

Kilburn Engineering Ltd appoints Amritanshu Khaitan as Chairman to Lead Next Phase of Growth

Posted On : 2026-04-14 21:03:17( TIMEZONE : IST )

Kilburn Engineering Ltd ("Kilburn" or "the Company") today announced the appointment of Mr. Amritanshu Khaitan as Non-Executive Chairman of the Board, effective April 21, 2026, following the completion of the term of the current Independent Chairman, Mr. Manmohan Singh, who will retire from the Board in accordance with applicable governance norms. The Board placed on record its sincere appreciation for Mr. Singh's leadership and valuable contributions during his tenure.

The Company, along with its subsidiaries, has concluded FY2026 on a solid note, with order bookings of approximately ₹600 crore. It is currently witnessing a robust enquiry pipeline of over ₹4,000 crore for FY2027, providing clear visibility for future order inflows. Based on the current pipeline and business momentum, the Company is targeting order inflows exceeding ₹800 crore during the year.

The Company has also partially prepaid its term debt ahead of schedule and expects to be net debtfree by June 2026, resulting in a significantly strengthened balance sheet.

With an improved financial position and a positive business outlook, Kilburn is well-positioned to embark on its next phase of growth. The Company will focus on scalable and margin-accretive expansion, disciplined capital allocation, and technology-led growth through global partnerships and collaborations, along with selective strategic opportunities.

Commenting on the appointment, Mr. Amritanshu Khaitan said: I have been privileged to be part of Kilburn's transformation journey over the past few years, and this transition reflects continuity in that progress.

We have concluded FY2026 on a firm footing, supported by healthy order inflows and steadily improving financial performance, which positions us well for the next phase of growth.

Going forward, our vision is to build Kilburn into a leading, high-quality, and consistently profitable enterprise, with a strong focus on drying and energy management solutions.

With a robust enquiry pipeline, improving execution capabilities, and a strengthened balance sheet, we will continue to pursue growth through a combination of organic expansion, strategic acquisitions, and technology partnerships through global collaborations, while remaining anchored in disciplined capital allocation and sustainable value creation.

Shares of KILBURN ENGINEERING LTD. was last trading in BSE at Rs. 486.50 as compared to the previous close of Rs. 496.65. The total number of shares traded during the day was 51830 in over 1829 trades.

The stock hit an intraday high of Rs. 495.75 and intraday low of 481.10. The net turnover during the day was Rs. 25193552.00.